Nexant in San Francisco, CA, says it has raised $50 million in a round led by Dr. Romesh Wadhwani of Symphony Technology Group. Previous investors TeleSoft, Oak Investment Partners, Intel Capital,... Read more »

Facebook CEO Mark Zuckerberg this morning announced plans to extend Facebook’s influence in the mobile world, making it the center of a social ecosystem in which users would use their Facebook... Read more »

Silicon Valley venture capital firm Andreessen Horowitz raised $650 million in just three weeks for its second fund, according to a report carried by Reuters this morning. The fund is more... Read more »

It has been a busy day for Bay Area fundraising news. IT companies are dominating, with an online payments company, a data integration company, two wireless services companies, and a massively... Read more »

In 2009, in the depth of the recession, Rebecca Brian and Jamie Capozzi both found themselves working at home, trying to keep their marketing and branding agencies afloat. They felt isolated... Read more »

Pelican Imaging in Mountain View announced a $10 million Series B round led by Globespan Capital Partners, with participation from previous investors Granite Ventures, InterWest Partners and In-Q-Tel. Pelican makes optics,... Read more »

Cloudera in Palo Alto, CA, announced a $25 million Series C round today led by Meritech Capital Partners, with participation from current investors Accel Partners and Greylock Partners. Cloudera is commercializing... Read more »